Self employed workers (Sole Traders): Possibility for adjustment of the contribution bases

We hereby inform you that you have the option of modifying the contribution base of the Special Self-Employed Worker (Sole Trader) Regime and, accordingly, the Social Security fee to be paid, within the established limits, according to your age. The upcoming deadline for said adjustment is that of 30 June 2018. Said modification shall take…

Deadline for Informative Declaration of Assets and Rights Located Abroad: Tax Form 720

The period to submit the Annual Declaration of Assets and Rights Located Abroad (Tax Form 720) for FY2017 runs from 1st January to 31st March. This recurring obligation to submit information was established under Act 7/2012, 29th October, which amends tax and budget legislation and adapts financial regulations to step up fraud prevention measures, and…

Summary of Taxation Measures 2018: IRPF (Personal Income Tax), Corporate, Inheritance, VAT and others.

Fiscal year 2018 is beginning, and although the bulk of taxation regulations from the previous period essentially remains, there are new elements that we will analyse below. Many of them are the result of last 29 December’s approval of Spanish Royal Decree 1074/2017, amending the Regulation on Personal Income Tax (IRPF), the Corporate Tax Regulation…